Finally SAIL gets new CMD, P K Singh takes charge

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SAIL, Profit, Steel Authority of India Ltd, EBITDA, Turnover, Profit Before Tax, PBT, P K Singh

SAIL

As ‘Indianmandarins’ had reported on November 22, 2015 finally ACC ratified the appointment of P K Singh as new CMD of SAIL. The appointment orders was issued by the ministry at 12 noon on December 10. Prakash Kumar Singh took charge today (Dec 10, 2015) as new CMD. Prior to this he served as CEO, SAIL.

P K Singh was selected for the coveted post on August 31, 2015 which was among few first decisions of PESB under the chairmanship of Ajit Seth.

The top post of country’s steel giant fell vacant on June 10 as C S Verma was denied extension despite he was eligible for an extension till September 2019.

SAIL was run under provisional arrangements after Rakesh Singh, the then Steel Secretary, was given the additional charge as CMD. Consequent upon his superannuation on Sept 30 MSME Secretary A K Pujari (Secretary, MSME) took over the additional charge of SAIL CMD on October 01.

‘Indianmandarins’ had reported on Nov 22 that the provisional arrangement was all set to come to an end and P K Singh’s appointment would be cleared next week.

WEBLINK (Report dated November 22, 2015)

http://www.indianmandarins.com/acc-set-to-approve-p-k-singhs-appointment-as-cmd-sail/

 

 

 

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